Cronos confirms $9.2M slipped away before Tectonic exploit rollback
Related
Cronos halts network after Tectonic exploit involving estimated $75M
Crypto.com CEO Kris Marszalek said the company’s app and exchange were unaffected by the Tectonic breach and continued operating normally.
Cronos Erased Two Hours of Transactions to Reverse $111 Million DeFi Exploit
The rollback reversed legitimate activity alongside the attack, while $9.19 million remains unrecovered, according to Cronos.
Crypto.com's Cronos Halts Entire Blockchain After $75M Tectonic Exploit
Some $6 million reached Ethereum before validators froze the chain, stranding the rest on a network that still is not producing blocks.
Harmony plans rollback, wiping 109,000 transactions after ONE exploit
Harmony said selectively restoring transactions could create inconsistent chain state, as Ravencoin faces a separate rollback dispute after an exploit.
"Moji" sold BAYC to replenish margin, posting that it was only 8% away from the liquidation line.
According to Mars Finance, on June 26th, HyperInsight monitoring revealed that Huang Licheng, known as "Machi Big Brother," faced a critical situation with his ETH long positions. He sold one of his 150 "BAYC Ape Yacht Club" (BAYC) tokens and used the proceeds to add margin and open new long positions, with the transaction price equivalent to approximately 10 ETH. The Machi account has accumulated losses of $33.85 million, with a loss of $2.43 million in the past month. Huang Machi Big Brother himself recently posted that he needs more "Tom Lee" tokens, as he has 8% left to be liquidated. His Ethereum position is currently valued at $1.64 million, with an average opening price of $1,562.21 and a liquidation price of $1,538.84.
Ethereum Foundation pivots away from Poseidon in post-quantum plan
Advances in compact proofs have erased Poseidon’s previous performance advantage, according to researcher Justin Drake.